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2020-12 -- Real Estate of Northern Virginia Market Report - December 2020 Real Estate Trends - Michele Hudnall

2020 - End of the Year Clearance Sale!! This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation. The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.

2020 - End of the Year Clearance Sale!!

This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation.

The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.

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|| NORTHERN VIRGINIA OVERVIEW<br />

SUPPLY<br />

ACTIVE LISTINGS<br />

FUEL TO SUPPLY<br />

NEW LISTINGS<br />

CURRENT DEMAND<br />

PENDING LISTINGS<br />

PAST DEMAND<br />

CLOSED LISTINGS<br />

CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY<br />

-18% -22% -16% 46% 17% 43% 86% 28%<br />

5,452<br />

2,286 2,077 3,433<br />

VALUE<br />

MEDIAN SALES PRICE<br />

MARKETING<br />

DAYS ON MARKET<br />

NEGOTIABILITY<br />

SALE TO ORIG LIST PRICE<br />

MARKET PACE<br />

AVG MONTHS OF INV<br />

CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY<br />

13% -5% -35% -35% 1% 1% 18% 32%<br />

$490,014<br />

22 99.70%<br />

1.00<br />

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